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Best Telecom Stocks to Buy Now (2022)
Top telecom stocks in 2022 ranked by overall Zen Score. See the best telecom stocks to buy now, according to analyst forecasts for the telecom services industry.

Industry: Telecom Services
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
VZ
VERIZON COMMUNICATIONS INC
NYSE
Telecom Services
$160.35B$38.18-0.39%$45.29B8.28x3.27
ZM
ZOOM VIDEO COMMUNICATIONS INC
NASDAQ
Telecom Services
$21.72B$74.31-4.03%$520.39M31.76x0.36
VOD
VODAFONE GROUP PUBLIC LTD CO
NASDAQ
Telecom Services
$32.42B$11.25-0.27%$4.47B15.22x1.80
CNSL
CONSOLIDATED COMMUNICATIONS HOLDINGS INC
NASDAQ
Telecom Services
$525.05M$4.55-0.87%$604.51M3.16x4.11
IDCC
INTERDIGITAL INC
NASDAQ
Telecom Services
$1.49B$50.07-1.34%$213.42M18.27x1.76
TIMB
TIM SA
NYSE
Telecom Services
$6.11B$12.611.04%$2.20B9.92x0.98
TLK
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK
NYSE
Telecom Services
$25.38B$25.620.95%$2.71B14.67x1.08
VEON
VEON LTD
NASDAQ
Telecom Services
$1.05B$0.600.00%$3.64B2.31x27.29
TU
TELUS CORP
NYSE
Telecom Services
$29.67B$21.22-0.33%$4.44B19.91x2.17
TIGO
MILLICOM INTERNATIONAL CELLULAR SA
NASDAQ
Telecom Services
$2.35B$13.65-0.73%$2.99B1.81x2.99
SIFY
SIFY TECHNOLOGIES LTD
NASDAQ
Telecom Services
$252.18M$1.381.47%$79.45M21.56x2.48
TEF
TELEFONICA S A
NYSE
Telecom Services
$22.19B$3.72-1.33%$13.12B2.45x4.91
TKC
TURKCELL ILETISIM HIZMETLERI A S
NYSE
Telecom Services
$3.78B$4.30-4.02%$1.25B10.94x2.13
TEO
TELECOM ARGENTINA SA
NYSE
Telecom Services
$1.24B$4.716.32%$1.34B25.74x0.98
CABO
CABLE ONE INC
NYSE
Telecom Services
$4.27B$735.661.04%$971.48M11.68x2.65
PHI
PLDT INC
NYSE
Telecom Services
$6.32B$29.26-2.73%$1.73B12.35x4.05
GOGO
GOGO INC
NASDAQ
Telecom Services
$2.02B$15.870.63%$160.05M5.99x-6.68
LUMN
LUMEN TECHNOLOGIES INC
NYSE
Telecom Services
$5.70B$5.51-1.43%$7.61B2.76x3.36
VIV
TELEFONICA BRASIL SA
NYSE
Telecom Services
$12.59B$7.511.62%$3.89B10.65x0.65
ASTS
AST SPACEMOBILE INC
NASDAQ
Telecom Services
$1.08B$5.821.22%-$20.76M-11.41x0.98
IRDM
IRIDIUM COMMUNICATIONS INC
NASDAQ
Telecom Services
$6.63B$52.730.13%$371.92M1,318.25x1.68
CCOI
COGENT COMMUNICATIONS HOLDINGS INC
NASDAQ
Telecom Services
$2.76B$57.51-0.23%$196.56M117.37x-3.08
T
AT&T INC
NYSE
Telecom Services
$135.56B$19.02-0.89%$50.36B6.89x2.34
SPOK
SPOK HOLDINGS INC
NASDAQ
Telecom Services
$157.63M$8.001.27%-$17.62M-8.16x0.48
TDS
TELEPHONE & DATA SYSTEMS INC
NYSE
Telecom Services
$1.18B$10.420.19%$1.25B24.23x1.32
RCI
ROGERS COMMUNICATIONS INC
NYSE
Telecom Services
$23.34B$46.22-1.24%$4.31B20.23x4.67
AMOV
AMERICA MOVIL SAB DE CV
NYSE
Telecom Services
$63.79B$18.75-3.35%$20.55B781.25x3.17
KT
KT CORP
NYSE
Telecom Services
$6.75B$14.320.92%$1.99B6.08x1.38
CXDO
CREXENDO INC
NASDAQ
Telecom Services
$47.79M$2.10-2.78%-$1.32M-14.00x0.15
PTNR
PARTNER COMMUNICATIONS CO LTD
NASDAQ
Telecom Services
$1.42B$7.66-0.26%$288.22M22.80x1.60
SKM
SK TELECOM CO LTD
NYSE
Telecom Services
$42.07B$21.440.52%$1.54B47.75x1.63
RDCM
RADCOM LTD
NASDAQ
Telecom Services
$150.74M$10.35-0.29%N/A-41.40x0.34
RBBN
RIBBON COMMUNICATIONS INC
NASDAQ
Telecom Services
$420.31M$2.500.40%-$142.45M-1.74x1.50
BCE
BCE INC
NYSE
Telecom Services
$43.11B$47.27-0.57%$7.12B20.96x2.01
UCL
UCLOUDLINK GROUP INC
NASDAQ
Telecom Services
$137.90M$3.76-0.79%-$32.27M-3.13x3.87
FYBR
FRONTIER COMMUNICATIONS PARENT INC
NASDAQ
Telecom Services
$6.52B$26.622.07%$2.27B13.72x2.70
OOMA
OOMA INC
NYSE
Telecom Services
$369.60M$15.21-1.11%$4.74M-507.00x1.11
KLR
KALEYRA INC
NYSEMKT
Telecom Services
$58.09M$1.29-0.77%-$10.43M-1.17x3.39
RADI
RADIUS GLOBAL INFRASTRUCTURE INC
NASDAQ
Telecom Services
$1.23B$12.88-0.08%$162.02M-85.87x2.50
ATEX
ANTERIX INC
NASDAQ
Telecom Services
$629.08M$33.181.04%-$44.82M-12.96x0.54
QTEK
QUALTEK SERVICES INC
NASDAQ
Telecom Services
$40.63M$0.80-3.05%$17.49M0.21x-25.78
COMS
COMSOVEREIGN HOLDING CORP
NASDAQ
Telecom Services
$10.90M$0.112.73%-$134.48M-0.05x0.84
IDT
IDT CORP
NYSE
Telecom Services
$685.43M$26.87-0.59%$50.88M25.59x1.89
SBET
SHARPLINK GAMING LTD
NASDAQ
Telecom Services
$10.85M$0.49-3.58%-$65.59M-0.12x1.74
ORAN
ORANGE
NYSE
Telecom Services
$26.16B$9.84-1.40%$11.72BN/A2.25
LILA
LIBERTY LATIN AMERICA LTD
NASDAQ
Telecom Services
$1.68B$7.73-0.26%$690.60M-1.95x6.68
CHT
CHUNGHWA TELECOM CO LTD
NYSE
Telecom Services
$28.24B$36.410.58%$2.67BN/A0.32
SJR
SHAW COMMUNICATIONS INC
NYSE
Telecom Services
$13.73B$27.48-0.15%$963.16M23.90x1.53
ATNI
ATN INTERNATIONAL INC
NASDAQ
Telecom Services
$778.24M$49.370.02%$121.32M-23.62x1.43
TMUS
T-MOBILE US INC
NASDAQ
Telecom Services
$189.62B$152.410.40%$19.09B124.93x2.04
SHEN
SHENANDOAH TELECOMMUNICATIONS CO
NASDAQ
Telecom Services
$938.34M$18.73-0.53%$55.60M-170.27x0.44
FNGR
FINGERMOTION INC
NASDAQ
Telecom Services
$186.00M$4.340.46%-$5.40M-33.38x3.84
ANTE
AIRNET TECHNOLOGY INC
NASDAQ
Telecom Services
$11.28M$0.633.11%N/A-0.90x1.65
ATUS
ALTICE USA INC
NYSE
Telecom Services
$1.95B$4.284.39%$3.86B3.06x-107.24
USM
UNITED STATES CELLULAR CORP
NYSE
Telecom Services
$1.74B$20.41-0.49%$955.00M20.62x1.41
STRY
STARRY GROUP HOLDINGS INC
NYSE
Telecom Services
$29.41M$0.18-2.22%-$229.10M-0.06x-6.23
VATE
INNOVATE CORP
NYSE
Telecom Services
$111.27M$1.4217.36%$62.80M-2.78x-10.08
IHS
IHS HOLDING LTD
NYSE
Telecom Services
$2.37B$7.162.29%$552.21M-8.23x3.72
GSAT
GLOBALSTAR INC
NYSEMKT
Telecom Services
$3.37B$1.870.54%-$145.67M-13.36x4.51
MIMO
AIRSPAN NETWORKS HOLDINGS INC
NYSEMKT
Telecom Services
$124.93M$1.69-1.74%-$73.11M-1.31x-2.95

Telecom Stocks FAQ

What are the best telecom stocks to buy right now in Dec 2022?

According to Zen Score, the 3 best telecommunication stocks to buy right now are:

1. Zoom (NASDAQ:ZM)


Zoom (NASDAQ:ZM) is the top telecom stock with a Zen Score of 51, which is 21 points higher than the telecom industry average of 30. It passed 17 out of 33 due diligence checks and has strong fundamentals. Zoom has seen its stock lose -61.25% over the past year, underperforming other telecom stocks by -17 percentage points.

Zoom has an average 1 year price target of $101.10, an upside of 36.05% from Zoom's current stock price of $74.31.

Zoom stock has a consensus Hold recommendation according to Wall Street analysts. Of the 23 analysts covering Zoom, 21.74% have issued a Strong Buy rating, 8.7% have issued a Buy, 60.87% have issued a hold, while 4.35% have issued a Sell rating, and 4.35% have issued a Strong Sell.

2. Verizon (NYSE:VZ)


Verizon (NYSE:VZ) is the second best telecom stock with a Zen Score of 51, which is 21 points higher than the telecom industry average of 30. It passed 18 out of 38 due diligence checks and has strong fundamentals. Verizon has seen its stock lose -24.74% over the past year, overperforming other telecom stocks by 19 percentage points.

Verizon has an average 1 year price target of $47.72, an upside of 24.99% from Verizon's current stock price of $38.18.

Verizon stock has a consensus Hold recommendation according to Wall Street analysts. Of the 21 analysts covering Verizon, 0% have issued a Strong Buy rating, 19.05% have issued a Buy, 71.43% have issued a hold, while 4.76% have issued a Sell rating, and 4.76% have issued a Strong Sell.

3. Vodafone Group Public Co (NASDAQ:VOD)


Vodafone Group Public Co (NASDAQ:VOD) is the third best telecom stock with a Zen Score of 46, which is 16 points higher than the telecom industry average of 30. It passed 17 out of 38 due diligence checks and has strong fundamentals. Vodafone Group Public Co has seen its stock lose -24.04% over the past year, overperforming other telecom stocks by 20 percentage points.

Vodafone Group Public Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Vodafone Group Public Co, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the telecom stocks with highest dividends?

Out of 25 telecom stocks that have issued dividends in the past year, the 3 telecom stocks with the highest dividend yields are:

1. Spok Holdings (NASDAQ:SPOK)


Spok Holdings (NASDAQ:SPOK) has an annual dividend yield of 15.63%, which is 10 percentage points higher than the telecom industry average of 5.25%. Spok Holdings's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Spok Holdings's dividend has shown consistent growth over the last 10 years.

Spok Holdings's dividend payout ratio of -108.4% indicates that its high dividend yield might not be sustainable for the long-term.

2. Lumen Technologies (NYSE:LUMN)


Lumen Technologies (NYSE:LUMN) has an annual dividend yield of 13.61%, which is 8 percentage points higher than the telecom industry average of 5.25%. Lumen Technologies's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Lumen Technologies's dividend has not shown consistent growth over the last 10 years.

Lumen Technologies's dividend payout ratio of 50% indicates that its high dividend yield is sustainable for the long-term.

3. Orange (NYSE:ORAN)


Orange (NYSE:ORAN) has an annual dividend yield of 10.89%, which is 6 percentage points higher than the telecom industry average of 5.25%. Orange's dividend payout is not stable, having dropped more than 10% nine times in the last 10 years. Orange's dividend has shown consistent growth over the last 10 years.

Why are telecom stocks up?

Telecom stocks were up 0.17% in the last day, and up 1.07% over the last week.

We couldn't find a catalyst for why telecom stocks are up.

What are the most undervalued telecom stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued telecom stocks right now are:

1. Consolidated Communications Holdings (NASDAQ:CNSL)


Consolidated Communications Holdings (NASDAQ:CNSL) is the most undervalued telecom stock based on WallStreetZen's Valuation Score. Consolidated Communications Holdings has a valuation score of 100, which is 67 points higher than the telecom industry average of 33. It passed 7 out of 7 valuation due diligence checks.

Consolidated Communications Holdings's stock has dropped -41.89% in the past year. It has overperformed other stocks in the telecom industry by 2 percentage points.

2. Millicom International Cellular Sa (NASDAQ:TIGO)


Millicom International Cellular Sa (NASDAQ:TIGO) is the second most undervalued telecom stock based on WallStreetZen's Valuation Score. Millicom International Cellular Sa has a valuation score of 100, which is 67 points higher than the telecom industry average of 33. It passed 7 out of 7 valuation due diligence checks.

Millicom International Cellular Sa's stock has dropped -55.72% in the past year. It has underperformed other stocks in the telecom industry by -12 percentage points.

3. Sify Technologies (NASDAQ:SIFY)


Sify Technologies (NASDAQ:SIFY) is the third most undervalued telecom stock based on WallStreetZen's Valuation Score. Sify Technologies has a valuation score of 86, which is 53 points higher than the telecom industry average of 33. It passed 6 out of 7 valuation due diligence checks.

Sify Technologies's stock has dropped -59.17% in the past year. It has underperformed other stocks in the telecom industry by -15 percentage points.

Are telecom stocks a good buy now?

39.62% of telecom stocks rated by analysts are a strong buy right now. On average, analysts expect telecom stocks to rise by 47.49% over the next year.

What is the average p/e ratio of the telecom services industry?

The average P/E ratio of the telecom services industry is 95.82x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.